1. Supervalu Facing Pressure From Activist Investor Blackwells Capital

    Supervalu Facing Pressure From Activist Investor Blackwells Capital

    Supervalu Inc. is facing a push from an activist investor as the food wholesaler and retailer struggles to reverse a yearslong stock slide. Blackwells Capital LLC, an alternative-investment fund that is one of the company’s 10 biggest shareholders, wants the grocery company SVU, +1.49% to sell dozens of its stores and bring in new leadership, among other demands, according to a letter viewed by The Wall Street Journal...

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    1. We have grown increasingly frustrated with the company's share-price performance and the lack of clear steps Supervalu's leadership has demonstrated.
    2. We continue to evaluate and execute on various initiatives as part of our efforts to transform Supervalu and create value for our shareholders.
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